State Street SPDR S&P Insurance ETF
KIE
115 hedge funds and large institutions have $566M invested in State Street SPDR S&P Insurance ETF in 2019 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 29 increasing their positions, 34 reducing their positions, and 17 closing their positions.
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
8% more funds holding
Funds holding: 106 → 115 (+9)
1% more capital invested
Capital invested by funds: $558M → $566M (+$7.72M)
0.51% more ownership
Funds ownership: 61.87% → 62.38% (+0.51%)
15% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 34
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFM
Jackson Financial Management
Costa Mesa,
California
|
+$4.23M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$3.65M |
| 3 |
GSC
G&S Capital
Denver,
Colorado
|
+$3.09M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.13M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$6.43M |
| 2 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$3.15M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.73M |
| 4 |
TEE
Tibra Equities Europe
London,
United Kingdom
|
-$1.94M |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$836K |
KIE Hedge Fund Activity: Q4 2019 in Review
115 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Insurance ETF (KIE) for Q4 2019, worth a combined $566M — up 1.4% from $558M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new KIE positions and 17 closed out — a net gain of 11 holders — while 29 added to existing stakes and 34 trimmed.
The largest buyer was Jackson Financial Management, opening a new position worth an estimated $4.23M. The largest seller was Bank of America, cutting an estimated $6.43M.
- 115 institutional investors held State Street SPDR S&P Insurance ETF (KIE) as of Q4 2019, up from 106 in Q3 2019.
- Funds reported $566M of State Street SPDR S&P Insurance ETF stock for Q4 2019, up 1.4% quarter-over-quarter.
- 28 funds opened new State Street SPDR S&P Insurance ETF positions in Q4 2019 and 17 closed out, a net change of +11 holders.
- The largest State Street SPDR S&P Insurance ETF buyer in Q4 2019 was Jackson Financial Management, an estimated $4.23M added.
- The largest State Street SPDR S&P Insurance ETF seller in Q4 2019 was Bank of America, an estimated $6.43M sold.
Based on aggregated 13F filings for Q4 2019.